Sole Proprietors: Business Registration certificate and ID documents such as Valid passport or driving license. Proof of residence: Latest water bill or Electricity bill

Partnerships: Partnership Deed and Registration certificate. ID documents such as Valid Passport or Driving license. Proof of Address: Latest Water bill or Electricity bill. Letter from Partners approving the persons concerned to open and operate the account.

Associations, Clubs, NGOs and Trust Current Account

A transactional Cheque account for Associations, Clubs and NGOs

Features

No minimum balance

Initial depositof MWK 20,000 which may be withdrawn

Customers can access funds from any NBS Service Centre

Interest is paid annually

Account opening requirements:

Clubs and Associations: letter of Introduction from community leaders (Pastor if it is a church group or chief if it is a community group), minutes of the meeting where the decision to open the account was made, constitution of the group, valid IDs for signatories – Passport, Driving license